Systems and methods for determining correlative analytics for online and offline electronic transaction events

ABSTRACT

Systems and methods are disclosed for generating consumer analytics for products placed in online shopping carts. A profiler computing system generates a unique tacking profile for associating purchase events by a purchaser. Payment vehicle data and a tracking element are associated with the identified purchaser profile. The purchaser profile may be generated based on purchase information associated with an initial purchase event by the purchaser. The profiler computing system determines whether products abandoned in online shopping carts are purchased at brick-and-mortar affiliates or other merchant forums. Other embodiments are described and claimed.

CROSS-REFERENCE TO RELATED APPLICATION(S)

This patent application is a continuation of and claims the benefit ofpriority to U.S. application Ser. No. 16/805,048, filed on Feb. 28,2020, which is a continuation of and claims the benefit of priority toU.S. application Ser. No. 15/367,992, filed on Dec. 2, 2016, now U.S.Pat. No. 10,621,599, issued on Apr. 14, 2020, each of which isincorporated herein by reference in its entirety.

TECHNICAL FIELD

The present disclosure relates generally to the field of e-commercetransactions and, more particularly, to technology that generatesconsumer analytics for products placed in online shopping carts.

BACKGROUND

Online merchants have virtual shopping carts in which consumers placeproducts prior to making a purchase. In some cases, online merchants maybe negatively impacted when consumers place items in online shoppingcarts, but then leave before completing a purchase. This increasingtrend of product “abandonment” in online shopping carts translates to asignificant loss of business opportunity. Without adequate trackinganalytics, additional marketing investments are potentially wasted whenadvertising assets are directed to consumers who may have otherwisepurchased the products elsewhere.

SUMMARY

A computer-implemented method is disclosed for generating consumeranalytics for products placed in online shopping carts. The methodcomprises receiving an indication of a product placed by a purchaser inan online shopping cart associated with a first online merchant;identifying a unique tracking identifier associated with the purchaser;starting a timer after detecting the product placement in the onlineshopping cart; detecting whether the purchaser completed a purchasetransaction of the product placed in the online shopping cart, whereinif an indication is received that the purchaser completed a purchasetransaction of the product placed in the online shopping cart, then:stopping the timer; calculating a time accrual measuring betweenstarting the timer and stopping the timer, characterizing the purchasetransaction as a conversion; appending the unique tracking identifier toinclude the time accrual and conversion information; and reporting thetime accrual and conversion information to a receiving entity.

A system is disclosed for generating consumer analytics for productsplaced in online shopping carts, the system comprising: a data storagedevice storing instructions for generating consumer analytics forproducts placed in online shopping carts; and a processor configured toexecute the instructions to perform a method including the steps of:receiving an indication of a product placed by a purchaser in an onlineshopping cart associated with a first online merchant; identifying aunique tracking identifier associated with the purchaser starting atimer after detecting the product placement in the online shopping cart;detecting whether the purchaser completed a purchase transaction of theproduct placed in the online shopping cart, wherein if an indication isreceived that the purchaser completed a purchase transaction of theproduct placed in the online shopping cart, then: stopping the timer;calculating a time accrual measuring between starting the timer andstopping the timer; characterizing the purchase transaction as aconversion; appending the unique tracking identifier to include the timeaccrual and conversion information; and reporting the time accrual andconversion information to a receiving entity.

A non-transitory computer readable medium is disclosed for use on atleast one computer system containing computer-executable programminginstructions for generating consumer analytics for products placed inonline shopping carts, the method comprising: receiving an indication ofa product placed by a purchaser in an online shopping cart associatedwith a first online merchant; identifying a unique tracking identifierassociated with the purchaser; starting a timer after detecting theproduct placement in the online shopping cart; detecting whether thepurchaser completed a purchase transaction of the product placed in theonline shopping cart, wherein if an indication is received that thepurchaser completed a purchase transaction of the product placed in theonline shopping cart, then: stopping the timer; calculating a timeaccrual measuring between starting the timer and stopping the timer;characterizing the purchase transaction as a conversion; appending theunique tracking identifier to include the time accrual and conversioninformation; and reporting the time accrual and conversion informationto a receiving entity.

It is to be understood that both the foregoing general description andthe following detailed description are exemplary and explanatory onlyand are not restrictive of the detailed embodiments, as claimed.

BRIEF DESCRIPTION OF THE DRAWINGS

The accompanying drawings, which are incorporated in and constitute apart of this specification, illustrate exemplary embodiments of thepresent disclosure and together with the description, serve to explainthe principles of the disclosure.

FIGS. 1A-1D depict various scenarios in which a consumer completes apurchase transaction or abandons a product in an online shopping cart,according to one or more embodiments.

FIG. 1E depicts example linkages between payment vehicles, networkeduser devices, and online exposure data, according to one or moreembodiments.

FIG. 2A depicts an example profile building system, according to one ormore embodiments.

FIG. 2B depicts an example online tracking system, according to one ormore embodiments.

FIG. 2C depicts an example purchase tracking system, according to one ormore embodiments.

FIG. 2D depicts an example attribution diagram, according to one or moreembodiments.

FIG. 3 depicts an example system diagram in which a receiving entity ofan attribution report provides targeted offers to purchasers.

FIG. 4 is a flow chart depicting an example process for generatingconsumer analytics, according to one or more embodiments.

FIG. 5 is a block diagram of an example computing environment, accordingto one or more embodiments.

DETAILED DESCRIPTION

Various non-limiting embodiments of the present disclosure will now bedescribed to provide an overall understanding of the principles of thestructure, function, and use of systems and methods disclosed hereinrelated to the generation of consumer analytics for products placed inonline shopping carts. One or more examples of these non-limitingembodiments are illustrated in the selected examples disclosed anddescribed in detail with reference made to FIGS. 1A through 5 in theaccompanying drawings. Those of ordinary skill in the art willunderstand that systems, apparatuses, devices, and methods specificallydescribed herein and illustrated in the accompanying drawings arenon-limiting embodiments. The features illustrated or described inconnection with one non-limiting embodiment may be combined with thefeatures of other non-limiting environments. Such modifications andvariations are intended to be included within the scope of the presentdisclosure.

The systems, apparatuses, devices, and methods disclosed herein aredescribed in detail by way of examples and with reference to thefigures. The examples discussed herein are examples only and areprovided to assist in the explanation of the apparatuses, devices,systems, and methods described herein. None of the features orcomponents shown in the drawings or discussed below should be taken asmandatory for any specific implementation of any of these apparatuses,devices, systems or methods unless specifically designated as mandatory.For ease of reading and clarity, certain components, modules, or methodsmay be described solely in connection with a specific figure. In thisdisclosure, any identification of specific techniques, arrangements,etc. either are related to a specific example presented or are merely ageneral description of such a technique, arrangement, etc.Identifications of specific details or examples are not intended to be,and should not be, construed as mandatory or limiting unlessspecifically designated as such. Any failure to specifically describe acombination or sub-combination of components should not be understood asan indication that any combination or sub-combination is not possible.It will be appreciated that modifications to disclosed and describedexamples, arrangements, configurations, components, elements,apparatuses, devices, systems, methods, etc. may be made and may bedesired for a specific application. Also, for any methods described,regardless of whether the method is described in conjunction with a flowdiagram, it should be understood that unless otherwise specified orrequired by context, any explicit or implicit ordering of stepsperformed in the execution of a method does not imply that those stepsmust be performed in the order presented but instead may be performed ina different order or in parallel.

Reference throughout the specification to “various embodiments,” “someembodiments,” “one embodiment,” “some example embodiments,” “one exampleembodiment,” or “an embodiment” means that a particular feature,structure, or characteristic described in connection with any embodimentis included in at least one embodiment. Thus, appearances of the phrases“in various embodiments,” “in some embodiments,” “in one embodiment,”“some example embodiments,” “one example embodiment, or “in anembodiment” in places throughout the specification are not necessarilyall referring to the same embodiment. Furthermore, the particularfeatures, structures, or characteristics may be combined in any suitablemanner in one or more embodiments.

Throughout this disclosure, references to components or modulesgenerally refer to items that logically may be grouped together toperform a function or group of related functions. Like referencenumerals are generally intended to refer to the same or similarcomponents. Components and modules may be implemented in software,hardware, or a combination of software and hardware. The term “software”is used expansively to include not only executable code, for examplemachine-executable or machine-interpretable instructions, but also datastructures, data stores and computing instructions stored in anysuitable electronic format, including firmware, and embedded software.The terms “information” and “data” are used expansively and includes awide variety of electronic information, including executable code;content such as text, video data, and audio data, among others; andvarious codes or flags. The terms “information,” “data,” and “content”are sometimes used interchangeably when permitted by context. It shouldbe noted that although for clarity and to aid in understanding someexamples discussed herein might describe specific features or functionsas part of a specific component or module, or as occurring at a specificlayer of a computing device (for example, a hardware layer, operatingsystem layer, or application layer), those features or functions may beimplemented as part of a different component or module or operated at adifferent layer of a communication protocol stack.

Many companies utilize a variety of different marketing campaigns toattract new business, increase revenue, or serve other business needs.Many companies engage in advertising through multiple marketingchannels, such as TV, radio, Internet, and so forth. With specificregard to Internet-based marketing, it is often difficult for thesecompanies to correlate advertising and marketing expenditures tosubsequent purchase events, especially when those purchase events occurthrough different sales channels or occur subsequent to a consumer'sinitial exposure to marketing communications. By way of example, atypical consumer may spend time visiting or otherwise interacting with amerchant's website to research a particular good and/or service,referred to herein as a “product.” The consumer may arrive at themerchant's website through “clicking through” an advertisement appearingon a web page, or within a mobile application, through keywordsearching, or through other means. The consumer may decide to buy theproduct through the merchant's e-commerce portal during that visit tothe merchant's website. A consumer places a product in a virtualshopping cart and completes a purchase transaction. Such purchase eventsare generally traceable by the merchant, or an affiliated entity, suchthat a correlation between the consumer's online activity and thepurchase event may be tracked and identified as a successful“conversion.” However, in other instances, instead of purchasing theproduct in an online transaction, the consumer may abandon the productin the online shopping cart and physically travel to a brick-and-mortalretail location of the merchant to purchase the product. In thisinstance, the purchase event may be identified as a “delayedconversion.” Without adequate tracking analytics, the online merchantwould see the abandoned product as a lost sale.

Using presently available consumer tracking data, there may be adisconnect between the consumer's online activity and their subsequentpurchases at the brick-and-mortar retail location. Nevertheless, it maybe desirable for the merchant, or other interested parties, tounderstand any correlation that exists between the consumer's previousexposure to the merchant's website, or other online activities, and thesubsequent purchase of a product at the brick-and-mortar retaillocation.

In yet other instances, the consumer may decide to leave the merchant'swebsite and then return to the merchant's website at a later point intime to make the purchase. If the consumer arrived at the website thefirst time by “clicking through” an online advertisement, but arrived atthe website the second time through other means (e.g., keywordsearching, direct URL input, etc.), the correlation between the twoonline sessions may not be known to a merchant. More particularly, dueto techniques used for tracking online activity by marketers and otherdata aggregators, when the consumer returns to the website at a laterpoint in time to make a purchase, the online advertisements with whichthe consumer previously interacted are not typically credited fordriving the purchase event. Accordingly, it is desirable for merchantsto know that a correlation exists between initial interaction withonline advertisements and/or other online activities and the subsequentpurchase of the product at an e-commerce website during a separateonline session.

The presently disclosed system and methods are generally directed toproviding a correlation and “linkages” between online activity of aconsumer and subsequent purchase events by that consumer. The subsequentpurchase events may occur at any type of merchant location, includingonline/e-commerce merchant locations and brick-and-mortar retaillocations. The online activity may include exposure to marketing assets,advertisements, offers, coupons, website, as well as online searching,and so forth. Such online activity may be tracked and logged by a dataaggregator computing system. In some embodiments, at least a portion ofthe data aggregator functionality is performed by a third party service.Additionally or alternatively, in some embodiments, at least a portionof the data aggregator functionality is performed by the merchant's webservers and/or servers that provide data aggregation services.

In accordance with the systems and methods described herein, a profilefor the consumer may be generated and stored by a profiler computingsystem subsequent to the consumer making an online purchase. The onlinepurchase may be made through interactions with a networked user deviceor computing device (e.g., laptop, a desktop computer, a smart appliancesuch as a smart television, a mobile phone, or any other mobile device,such as a tablet computer, and so forth). As described in more detailbelow, during the online purchase event, the purchaser may providetransaction data (e.g., purchase information) to a financial transactionservices processor of a merchant, including payment vehicle information,over a network. Additionally, other information may be provided to thefinancial transaction services processor over the network during thecourse of the transaction and, in some embodiments, may be providedafter the conclusion of the transaction. Such information may include atracking element associated with the purchaser and/or a networked userdevice of the purchaser. For example, in some embodiments, the trackingelement may be a device identifier of the networked user device of thepurchaser. This device identifier may be used as part of the fraudprevention services of the financial transaction services processor orthe payment networks (e.g., Visa® or MasterCard®). The device identifiermay be, for example, one or more of a source IP address, a MAC address,a device ID, a device fingerprint, a browser fingerprint, a uniqueidentifier, a cookie, an OS configuration, a static HTTP, or any othersuitable type of identifier corresponding to the networked user device(e.g., computing device) of the purchaser. Additionally oralternatively, the tracking element may be an identifier associated withthe purchaser. For example, in some embodiments, the tracking elementmay be embodied as, or otherwise include, a name, an email address, aprimary account number (PAN), a postal address, a phone number, aloyalty account number, a username, a merchant-assigned user ID, browserand plug-in variables associated with consumer and consumer paymentprofiles, and/or any other unique identifier associated with thepurchaser. Additionally, in accordance with the present disclosure, thefinancial transaction services processor may provide information fromthe online or initial purchase event to the profiler computing system.

As described in more detail below, the profiler computing system inaccordance with the present disclosure may store a profile for thepurchaser that generally links that tracking element (e.g., the deviceID or purchaser ID) to the payment vehicle used by the purchaser duringthe online purchase event. In some embodiments, more than one trackingelement may be linked to a particular purchaser. Furthermore, as is tobe appreciated, in view of Payment Card Industry (PCI) requirements,various tokenization techniques may be used to mask personallyidentifiable information without departing from the scope of the presentdisclosure. In this regard, if the profiler computing system links atracking element to a token, it is to be understood that the trackingelement is still considered to be linked to the payment vehicle. Theprofile computer system may continue to augment the purchaser profileover time as additional online transactions are made by the purchaser.For example, if the purchaser initiates a second transaction from thesame networked user device using a second payment vehicle, the secondpayment vehicle may be added to the purchaser's profile. In that way,the second payment vehicle may be linked to the tracking element.

The purchaser may then make a purchase at a merchant location (e.g., abrick-and-mortar retail location). Subsequently, a financialtransactions services processor of the merchant may facilitate thecommunications with various payment networks (e.g., VISA® orMasterCard®), as may be needed, to complete the purchase event. Forexample, the purchaser may provide a payment vehicle to a point-of-sale(POS) system of the merchant. The POS can, in turn, communicatetransactional information (e.g., subsequent purchase information) to thefinancial transaction services processor. The transactional informationmay typically include transaction amount, merchant identifier (MID),payment vehicle data, among other information. In accordance with thepresent disclosure, the financial transaction services processor mayprovide information from the subsequent purchase event to the profilercomputing system. In one embodiment, payment vehicle information isprovided to the profiler computing system so that the profiler computingsystem may determine if there is an affiliated (e.g., associated)profile. If there is a profile, the profiler computing system maydetermine the tracking element, or tracking elements, that are linked tothat payment vehicle. As described above, in some embodiments, thislinkage may be established during the purchaser's previous onlinepurchases. Additionally or alternatively, the linkage may be establishedprior to the purchaser making an online purchase. For example, in someembodiments, the linkage may be established based at least in part on,or otherwise as a function of, payment vehicle information maintained ina purchaser's mobile wallet prior to making an online purchase. In anyevent, using the tracking element and the data collected by the dataaggregator computing system, it may be determined if the purchase eventat the merchant location (e.g., the brick-and-mortar retail location)may be attributed to any previous online activity of the purchaserand/or whether the purchased product was previously placed in a shoppingcart of an online merchant. Such attribution and shopping cartcorrelation may be based on, for example, the transactional informationprovided to the financial transaction services processor by the POS. Forexample, in some embodiments, the attribution and shopping cartcorrelation may be based on the payment vehicle data and/or the MIDprovided to the financial transaction services processor by the POS.

Once attribution or shopping cart correlation has been determined,various types of reporting may be provided by the profiler computingsystem. Such reporting may generally attribute various online exposureevents to subsequent purchase events. The reporting may be anonymizedsuch that personal identifying information is not provided, but theeffectiveness of various online marketing efforts may still be gleaned.Additionally, the reporting may segment or otherwise classify groups ofpurchasers, purchase events, online activities, or provide otherdivisions, as may be useful to a merchant, marketer, or other receivingentity. Based on this segmentation, targeted offers or other forms ofmarketing may be directed to particular groups of purchasers, such aspurchasers that visit particular websites, purchasers who visitparticular merchants, purchasers who use particular types of paymentvehicles, purchasers who perform particular online searches, and soforth. Conversely, merchants may leverage purchase information tomitigate wasting of advertising assets for products that have alreadybeen purchased.

Accordingly, in view of the systems and methods described herein, and asdescribe in more detail below, a purchaser's purchasing activity may beattributed to the purchaser's previous online activity and/or correlatedto a product left abandoned in an online shopping cart.

FIGS. 1A-1D schematically depict various scenarios in which a consumerhas placed products into an online shopping basket, with subsequentpurchase transactions leading to either a successful conversion, adelayed conversion, or a lost sale to a competitor. FIG. 1A depicts ascenario in which a purchase transaction results in a successfulconversion. Computer 102 is shown with browser 104 in which a consumermay interact with e-commerce merchants for the purchase of products.While computer 102 is illustrated as a desktop computer, in may beappreciated that a consumer may interact with e-commerce merchants usingother devices that connect to the Internet (e.g., tablets, mobilephones, and the like). After browsing through the online merchant's webportal (e.g., Merchant A.com), the consumer places a product in shoppingcart 106 to make a purchase. The consumer provides Merchant A.com withtheir payment vehicle information to complete purchase 108 of theproduct placed in shopping cart 106, resulting in a successfulconversion 110.

FIG. 18 depicts a scenario in which a consumer initially abandons aproduct in an online shopping cart but subsequently purchases the sameproduct (whether similar or matching) at a brick-and-mortar affiliate ofthe online merchant. The matching product may be correlated to theproduct abandoned in the online shopping cart by using any non-limitingexample of a matching characteristics, such as a product brand name,product weight, product dimension, product model number, product color,product size, manufacturer part number, stock keeping unit (SKU),international standard book number (ISBN), universal product code (UPC),international article number (EAN), or Global Trade Item Number (GTIN).Abandoned shopping cart 112 depicts the scenario in which a consumerplaces a product in the online shopping basket at Merchant A.com butdoes not follow through with the purchase at Merchant A.com. Instead,the consumer makes a purchase 113 of the same product at Merchant A(B/M), a brick-and-mortar (B/M) location or affiliate of Merchant A.com.While the product was left abandoned in abandoned shopping cart 112 ofMerchant A.com, the purchase 113 of the same or matching product at thebrick-and-mortar (B/M) affiliate results in a delayed but nevertheless“successful” conversion. The delayed conversion may include an addedbenefit to the merchant when the consumer purchases additional productswhile at the brick-and-mortar store.

FIG. 1C depicts a scenario in which the consumer places a product in anonline shopping cart and later abandons it before purchasing it at acompetitor's online forum. After browsing, the consumer leaves a productin abandoned shopping cart 112, but makes a purchase 115 at acompetitor's online forum (e.g., MerchantB.com). In this scenario,purchase 115 would be characterized as a lost sale 116 forMerchantA.com. FIG. 1D similarly depicts a scenario in which theconsumer leaves a product in abandoned shopping cart 112 at MerchantA.com, only to make a purchase 115 at a competitor's brick-and-mortarstore (e.g., Merchant B (B/M)). The purchase 115 at Merchant B (B/M)would be characterized as a lost sale 116 for Merchant A.com. Whilepurchase 115 may be characterized as a lost sale 116 to MerchantA.com,the purchase event data may be helpful to Merchant A in order tomitigate the waste of advertising assets for products that have alreadybeen purchased.

FIG. 1E schematically depicts the linkages that may be determined inaccordance with the systems and methods described herein. As depicted bytimes T1-T4, such linkages may be developed over time, as theinformation becomes available. Additionally, while not shown, thelinkages may also be updated over time, as the underlying data maybecome stale or inaccurate. Payment vehicle(s) 120 are first used by apurchaser to make a purchase at an online merchant 140. Such purchasemay be made by network communications between a networked user device160 or computing device of the purchaser and the online merchant 140 orthrough direct communications with the merchant's affiliated financialtransaction services processor. In any event, a link may be establishedbetween the payment vehicle(s) 120 and the networked user device 160.Prior to, or subsequent to, the linking of the payment vehicle(s) 120and the networked user device 160, the purchaser may be exposed toonline exposure data 180 while interacting with the networked userdevice 160. Online exposure data 180 is not intended to be limited toany particular type of data, but rather broadly refers to the wide arrayof information that purchaser may see, enter, interact with, orotherwise encounter while engages in online activities. Examples ofonline exposure data 180 may include, without limitation, URLs visited,links that were clicked, keyword searches performed, online shoppingbaskets created, electronic advertisement interaction data, electronicmarketing interaction data, and so forth. At a later point in time, thepurchaser may make a purchase 190 at a merchant 170 using one of thepayment vehicles 120. The merchant 170 may be any type of merchant, suchas a brick-and-mortar retail location or an ecommerce/web-basedmerchant. Based on that purchase event, the purchase 190 at the merchant170 may be linked or attributed to the online exposure data 180, asindicated by attribution 185. Such attribution may be based on, forexample, satisfaction of various rules or guidelines for determiningattribution. Such rules may include time frames, geographicalrestraints, and so forth. In one example, in order for a purchase 190 ata merchant 170 to be attributed to online exposure data 180, thepurchaser must have had to encounter the online exposure data 180 withina certain time frame (e.g., less than 6 months, less than 3 month, lessthan 1 month, less than 1 week, and so forth). In this way, restrictiverules for determining attribution may lead to higher confidence levelsin the attribution 185. The attribution 185 may ultimately be outputtedor otherwise provided to a receiving entity 195. The receiving entity195 may be, for example, the merchant 170, a data aggregator, afinancial transaction services processor, a marketing entity, ananalytics entity, or any other interested party.

FIGS. 2A-2D depict example system diagrams in according with onenon-limiting embodiment, with FIG. 2A schematically depicting profilebuilding, FIG. 2B schematically depicting online tracking, FIG. 2Cschematically depicting purchase tracking, and FIG. 2D schematicallydepicting attribution. Referring first to FIG. 2A, a purchaser 200 isshown that is associated with payment vehicles 202, which are depictedas Payment Vehicles A-N. As is to be appreciated, the payment vehicles202 may include any type of payment vehicle that may be utilized toinitiate a payment transaction. Unless otherwise specified herein,“payment vehicle” includes (1) a physical card including a plastic orpaper card with a magnetic stripe, bar code or other indicatorindicative of an account number or other account indicative information,and/or (2) a virtual card, such as a display or screenshot for a mobilephone or for another portable device (e.g., a flash drive, smart chip, alaptop or portable computer), or for a computer device (e.g., a desktopcomputer) in combination with data indicative of an account number orother account indicative information. Data associated with the cards mayinclude an encrypted or unencrypted account number or other encrypted orunencrypted account indicative information and/or encrypted orunencrypted information associated with a particular card, issuer,creator, or group of merchants. It is also contemplated that the cardmay have multiple embodiments or forms. For example, the card may be aphysical card (e.g., in the form of magnetic striped plastic card or anEMV card), a virtual card (e.g., in the form of a display on a smartphone), or both. In embodiments in which the card is a virtual card, thecorresponding account information (e.g., account number) would initiallybe provided to the consumer and the consumer would communicate theaccount information to the merchant. The virtual card may becommunicated by displaying a display or screenshot, and/or bytransmitting a signal, such as by using NFC (Near Field Communication)technology or other secure transport technologies to complete thetransaction with the selected merchant. Optionally, the virtual card mayhave a display element (e.g., a bar code or string of numbers) whichidentifies the account number associated with the card. Alternatively,the virtual card may have display elements relating to the merchantsthat accept the card. Thus, whether the card is physical or virtual, itcommunicates account information.

Still referring to FIG. 2A, purchaser 200 utilizes a networked userdevice 206 to communicate with one or more online merchants 204 througha communications network 218 (e.g., the Internet, a secure network,etc.). The networked user device 206 may be any suitable computingdevice that facilitates network communications, such as, for example, alaptop computer, a tablet computer, a desktop computer, a smarttelevision, a smart appliance, a mobile computing device, a gamingdevice, a wearable computing device, and so forth. When interacting withonline merchant 204, networked user device 206 may be associated with atracking element. The tracking element may be, for example, an IPaddress, a MAC address, a device fingerprint, a browser fingerprint, ora unique identifier associated with networked user device 206.Additionally or alternatively, the tracking element may be an identifierassociated with purchaser 200. For example, in some embodiments, thetracking element may be embodied as, or otherwise include, an emailaddress, a postal address, a phone number, a loyalty account number, ausername, and/or any other unique identifier associated with purchaser200. Through a web browser executing on networked user device 206 orthrough other specialized applications executing on networked userdevice 206 (sometimes referred to as apps), purchaser 200 may initiatepurchase events with one or more of online merchants 204. Onlinemerchant 204 may present a payment interface (e.g., a payment screen, aPOS, etc.) to purchaser 200 in which information for one or more ofpayment vehicles 202 is entered. The payment interface can, in turn,communicate with financial transaction services processor 220 withappropriate authorization messaging. Financial transaction servicesprocessor 220 may communicate with various payment networks 230, to seekauthorization for the purchase event at online merchant 204. Informationbased on the transaction may also be provided to a profiler computingsystem 222. In some embodiments, the profiler computing system 222 maybe a computing system separate from the financial transaction servicesprocessor 220 and operated by a separate entity. In other embodiments,the profiler computing system 222 is a component of the financialtransaction services processor 220 and operated by the same entity, asindicated by dashed box 223. The information provided to the profilercomputing system 222 may be used to build a profile 226 for purchaser200. The profile 226 may be stored in a profile data store 224. Theprofile data store 224 may be maintained by the profiler computingsystem 222, as is shown, maintained by the financial transactionservices processor 220, or maintained by any other suitable device orentity, such as the data aggregator computing system 260 (FIG. 2B). Theformat and content of the profile 226 may vary, but generally, theprofile 226 provides a linkage of the payment vehicle(s) 202 used duringa purchase event to a tracking element (e.g., device ID or purchaser ID)of the networked user device 206 and/or the purchaser 200. The paymentvehicle information as stored in the profile 226 may be tokenized, asmay be required by relevant data privacy standards. Over time, as thepurchaser 200 makes additional purchases with the same or differentpayment vehicles 202 using the same or different networked user devices206, the profile 226 may be updated accordingly. Furthermore, in someembodiments, the profile 226 may utilize householding techniques to linka plurality of different purchasers to the same networked user device206 and/or the same collection of payment vehicles 202.

Referring now to FIG. 28, the online activity of purchaser 200 may bemonitored and logged as part of the attribution techniques describedherein. Using networked user device 206 (or other computing device),purchaser 200 may communicate with various web servers 250 overcommunications network 218. Purchaser 200 may be performing any of avariety of online activities, such as a keyword searching, visiting amerchant's ecommerce website, activating a link on a banneradvertisement, activating a link resulting from a search request, and soforth. Through these interactions, purchaser 200 is generating onlineexposure data 252 that may be stored by a data aggregator computingsystem 260. The data aggregator computing system 260 may be a serviceprovided by a third party, or the data aggregator computing system 260may be a component of a merchant's ecommerce platform, for example. Inany event, the online exposure data 252 may be linked to, or otherwiseassociated with, the particular tracking element or identifier (e.g.,the device ID of the networked user device 206 and/or the purchaser IDof purchaser 200) and entered into a tracking profile 270. The trackingprofile 270 may be maintained in a data store 268. In some embodiments,the tracking data maintained by the tracking profile 270 is timestamped. Generally, the data aggregator computing system 260 may monitorand log the interactions of purchaser 200 with various online marketingcampaigns, advertisements, and so forth.

Referring now to FIG. 2C, purchaser 200 is depicted initiating apurchase event at a brick-and-mortar merchant 280 using their paymentvehicle 202A. While a brick-and-mortar merchant 280 is shown in FIG. 2C,in other embodiments, the merchant 280 may be an online/ecommerce-basedmerchant (e.g., a brick-and-mortar retail location of one of the onlinemerchants 204 illustratively shown in FIG. 2A). A POS of merchant 280may provide transaction information to the financial transactionservices processor 220 using conventional payment transactioncommunications. The financial transaction services processor 220 maythen communicate with payment networks 230, as may be needed, to seekauthorization for the purchase event. The financial transaction servicesprocessor 220 may also provide information from the purchase event tothe profiler computing system 222. In one embodiment, the information isbased on the payment vehicle 202A. In other embodiments, alternate oradditional information may be provided, such as the name of purchaser200, an email address of purchaser 200, a postal address of purchaser200, a phone number of purchaser 200, a username of purchaser 200,and/or a loyalty card number of purchaser 200. In use, the profilercomputing system 222 may query the profile data store 224 using theinformation provided by the financial transaction services processor 220to determine if a tracking element (e.g., a device ID or a purchaser ID)is affiliated or otherwise associated with the information. In theillustrated embodiment, affiliation 228 between “Token A” and a “SourceIP” address is identified in the profile 226.

Referring now to FIG. 2D, the profiler computing system 222 is shownproviding the tracking element (e.g., the device ID or purchaser ID) tothe data aggregator computing system 260 as a query. The data aggregatorcomputing system 260 can, in turn, query the tracking profiles 270 inthe data store 268 to determine if online exposure data is affiliatedwith that tracking element. It is to be appreciated that in someembodiments, the tracking profiles 270 may be provided to the profilercomputing system 222 in real-time or batch transfers so that theaffiliation between a tracking element and any online exposure data maybe performed by the profiler computing system 222. In other embodiments,the tracking profiles 270 may be provided to the financial transactionservices processor 220 in real-time or batch transfers so that theaffiliation between a tracking element and any online exposure data maybe performed by the financial transaction services processor 220. In anyevent, the online exposure data from the tracking profiles 270 may beprovided to the profiler computing system 222 for further processing.

As shown in FIG. 3, an attribution module 227 of the profiler computingsystem 222 may map the online exposure data gathered by the dataaggregator computing system 260 to the purchase event at thebrick-and-mortar merchant 280 (FIG. 2C). Various rules may be applied bythe attribution module 227 to determine whether to map certain onlineexposure data to the purchase event. Such rules may generally impactwhether certain online exposure data will be linked to a subsequentpurchase event. Once it is determined if a purchase event, or collectionof purchase events, may be attributed to online activity of thepurchaser 200, a reporting module 228 may output an attribution report280 to a receiving entity 282. The receiving entity 282 may be, withoutlimitation, the merchant 280, the data aggregator computing system 260,the financial transaction services processor 220, amarketing/advertisement entity, or any other interested party.

In some embodiments, the attribution report 280 may include marketsegmentations or other analytics, as may be useful to the receivingentity 282. Using the segmentation or other market information providedin the attribution report 280, targeted offers may be provided topurchaser 200, or a grouping of purchasers. For example, the targetedoffers may be directed to purchasers who visited a particular website,purchasers who have certain types of payment vehicles, purchasers whovisit particular merchants, or purchasers satisfying other segmentationparameters.

FIG. 4 is a flow chart depicting an example process 400 for generatingconsumer analytics for products placed in online shopping carts. Asdiscussed with reference to FIG. 28, a data aggregator computing system260 may monitor and log a purchaser's interactions with onlinemerchants, marketing campaigns, advertising, and so forth. In step 410,a data aggregator computing system 260 receives an indication that aproduct is placed in an online shopping cart by a purchaser. In step415, the data aggregator computing system 260 identifies the uniquetracking identifier or profile (e.g., a device ID or purchaser ID)associated with the purchaser. In step 417, a timer is initiated afterdetecting the product placement in the shopping cart. In someembodiments, the timer provides time stamp information for determiningwhether a product placed in a shopping cart is to be subsequentlycharacterized as a conversion, delayed conversion, and/or anabandonment.

In step 420, it is determined whether the product in the shopping cartis purchased. In step 421, the data aggregator computing system 260receives an indication that the product is purchased and stops thetimer. In step 423, the product event is characterized as a successfulconversion. In step 480, the data aggregator computing system 260appends the tracking profile to include the conversion data. In step490, the appended tracking profile is reported to a receiving entity. Atstep 420, if the data aggregator computing system 260 does not receivean indication that the product is purchased, then the process proceedsto step 430.

In step 430, it is determined whether the product is purchased at abrick-and-mortar (B/M) affiliate of the online merchant. In step 431,the data aggregator computing system 260 receives an indication that theproduct is purchased and stops the timer. In step 433, it is determinedwhether the clocked time is beyond a predetermined time window. In someembodiments, restrictive rules on time frames may lead to higherconfidence levels in attribution. In step 440, it is determined that theclocked time is not beyond the predetermined time window and thepurchase event is characterized as a product abandonment and delayedconversion. In step 441, it is instead determined that the clocked timeis beyond the predetermined time window. While the purchase event may besimilarly characterized as a delayed conversion, it is assigned alower-weighted value because it may be too remote (and less relevant) tocorrelate to earlier interactions with online merchants. In step 480,the data aggregator computing system 260 appends the tracking profile toinclude the product abandonment and delayed conversion data. In step490, the appended tracking profile is reported to a receiving entity. Atstep 430, if the data aggregator computing system 260 does not receivean indication that the product is purchased at a brick-and-mortar (B/M)affiliate, then the process proceeds to step 450.

In step 450, it is determined whether the product is purchased at yet adifferent merchant location (whether online or at a brick-and-mortarlocation). In some embodiments, the different merchant is a competitorand not an affiliate of the first online merchant. In step 451, the dataaggregator computing system 260 receives an indication that the productis purchased at a different merchant location and stops the timer. Instep 452, the purchase event is characterized as a product abandonmentand a lost sale for the first online merchant. In step 480, the dataaggregator computing system 260 appends the tracking profile to includethe product abandonment and lost sale data. In step 490, the appendedtracking profile is reported to a receiving entity.

In step 450, if the data aggregator computing system 260 does notreceive an indication that the product was purchased at a differentmerchant location, then the process proceeds to step 461 where it isdetermined whether the clocked time is beyond a predetermined timewindow. If it is determined that the clocked time is beyond thepredetermined time window, then the process proceeds to step 470 wherethe product is characterized as abandoned. In step 480, the dataaggregator computing system 260 appends the tracking profile to includethe abandonment data. In step 490, the appended tracking profile isreported to a receiving entity. At step 461, if it is determined thatthe clocked time is not beyond the predetermined time window, theprocess returns back to step 420 to determine whether the product hasbeen purchased at the first online merchant location.

The systems and processes described above may be performed on or betweenone or more computing devices. FIG. 5 illustrates an example computingdevice. A computing device 500 may be a server, a computing device thatis integrated with other systems or subsystems, a mobile computingdevice such as a smart phone, a cloud-based computing ability, and soforth. The computing device 500 may be any suitable computing device aswould be understood in the art, including without limitation, a customchip, and embedded processing device, a tablet computing device, a POSterminal associated with the merchant 110, a back-office system of amerchant 110, a personal data assistant (PDA), a desktop, laptop,microcomputer, and minicomputer, a server, a mainframe, or any othersuitable programmable device. In various embodiments disclosed herein, asingle component may be replaced by multiple components and multiplecomponents may be replaced by single component to perform a givenfunction or functions. Except where such substitution would not beoperative, such substitution is within the intended scope of theembodiments.

The computing device 500 includes a processor 502 that may be anysuitable type of processing unit, for example a general-purpose centralprocessing unit (CPU), a reduced instruction set computer (RISC), aprocessor that has a pipeline or multiple processing capabilityincluding having multiple cores, a complex instruction set computer(CISC), a digital signal processor (DSP), application specificintegrated circuits (ASIC), a programmable logic devices (PLD), and afield programmable gate array (FPGA), among others. The computingresources may also include distributed computing devices, cloudcomputing resources, and virtual computing resources in general.

The computing device 500 also includes one or more memories 506, forexample read-only memory (ROM), random access memory (RAM), cache memoryassociated with the processor 502, or other memory such as dynamic RAM(DRAM), static RAM (SRAM), programmable ROM (PROM), electricallyerasable PROM (EEPROM), flash memory, a removable memory card or disc, asolid-state drive, and so forth. The computing device 500 also includesstorage media such as a storage device that may be configured to havemultiple modules, such as magnetic disk drives, floppy drives, tapedrives, hard drives, optical drives and media, magneto-optical drivesand media, compact disk drives, Compact Disc Read Only Memory (CD-ROM),compact disc recordable (CD-R), Compact Disk Rewritable (CD-RW), asuitable type of Digital Versatile Disc (DVD) or BluRay disc, and soforth. Storage media such as flash drives, solid-state hard drives,redundant array of individual discs (RAID), virtual drives, networkeddrives and other memory means including storage media on the processor502, or memories 506 are also contemplated as storage devices. It may beappreciated that such memory may be internal or external with respect tooperation of the disclosed embodiments. It may be appreciated thatcertain portions of the processes described herein may be performedusing instructions stored on a computer readable medium or media thatdirect computer system to perform the process steps. Non-transitorycomputable-readable media, as used herein, comprises allcomputer-readable media except for transitory, propagating signals.

Networking communication interfaces 508 may be configured to transmitto, or receive data from, other computing devices 500 across a network512. The network and communication interfaces 508 may be an Ethernetinterface, a radio interface, a Universal Serial Bus (USB) interface, orany other suitable communications interface and may include receivers,transmitter, and transceivers. For purposes of clarity, a transceivermay be referred to as a receiver or a transmitter when referring to onlythe input or only the output functionality of the transceiver. Examplecommunication interfaces 508 may include wire data transmission linkssuch as Ethernet and TCP/IP. The communication interfaces 508 mayinclude wireless protocols for interfacing with private or publicnetworks 512. For example, the network and communication interfaces 508and protocols may include interfaces for communicating with privatewireless networks such as W-Fi network, one of the IEEE 802.11x familyof networks, or another suitable wireless network. The network andcommunication interfaces 508 may include interfaces and protocols forcommunicating with public wireless networks 508, using for examplewireless protocols used by cellular network providers, including CodeDivision Multiple Access (CDMA) and Global System for MobileCommunications (GSM). A computing device 500 may use network andcommunication interfaces 508 to communicate with hardware modules suchas a database or data store, or one or more servers or other networkedcomputing resources. Data may be encrypted or protected fromunauthorized access.

In various configurations, the computing device 500 may include a systembus 510 for interconnecting the various components of the computingdevice 500, or the computing device 500 may be integrated into one ormore chips such as programmable logic device or application specificintegrated circuit (ASIC). The system bus 510 may include a memorycontroller, a local bus, or a peripheral bus for supporting input andoutput devices 504, and communication interfaces 508. Example input andoutput devices 504 include keyboards, keypads, gesture or graphicalinput devices, motion input devices, touchscreen interfaces, one or moredisplays, audio units, voice recognition units, vibratory devices,computer mice, and any other suitable user interface.

The processor 502 and memory 506 may include nonvolatile memory forstoring computable-readable instructions, data, data structures, programmodules, code, microcode, and other software components for storing thecomputer-readable instructions in non-transitory computable-readablemediums in connection with the other hardware components for carryingout the methodologies described herein. Software components may includesource code, compiled code, interpreted code, executable code, staticcode, dynamic code, encrypted code, or any other suitable type of codeor computer instructions implemented using any suitable high-level,low-level, object-oriented, visual, compiled, or interpreted programminglanguage.

These and other embodiments of the systems and methods may be used aswould be recognized by those skilled in the art. The above descriptionsof various systems and methods are intended to illustrate specificexamples and describe certain ways of making and using the systemsdisclosed and described here. These descriptions are neither intended tobe nor should be taken as an exhaustive list of the possible ways inwhich these systems may be made and used. A number of modifications,including substitutions of systems between or among examples andvariations among combinations may be made. Those modifications andvariations should be apparent to those of ordinary skill in this areaafter having read this disclosure.

It is intended that the specification and examples be considered asexemplary only, with a true scope and spirit of the invention beingindicated by the following claims.

What is claimed is:
 1. A computer-implemented method of determiningcorrelative analytics for electronic transaction events, the methodcomprising: receiving, by a processor of a computing system, a firstindication of a product placed in a first online shopping cart of afirst online merchant, the product placed in the first online shoppingcart via a user device of a purchaser, and the computing system beingconnected to the first online shopping cart and the user device via anelectronic network; determining a tracking element of one of the userdevice and of the purchaser; receiving a second indication of a firstmatching product placed in a second online shopping cart of the firstonline merchant, the first matching product placed in the second onlineshopping cart via the user device of the purchaser; determining atransaction metric based on whether a time between receiving the firstindication and the second indication exceeds a predetermined timewindow; appending the determined transaction metric and the trackingelement to a purchase transaction record; and sending the purchasetransaction record to a receiving entity.
 2. The method of claim 1,further comprising: appending to the purchase transaction record astatus indicating one of an abandonment and a delayed conversion of theproduct placed in the first online shopping cart based on the determinedtransaction metric; and sending the purchase transaction record to areceiving entity.
 3. The method of claim 1, further comprising: whereinthe tracking element associated with one of the user device and thepurchaser is one of a primary account number (PAN), deviceidentification (ID), and an email address.
 4. The method of claim 1,wherein the first matching product placed in the second online shoppingcart correlates to the product placed in the first online shopping cartby a matching characteristic, the matching characteristic being one of amodel number, manufacturer part number, stock keeping unit (SKU), andinternational standard book number (ISBN).
 5. The method of claim 2,further comprising: receiving a third indication that the purchasercompleted a purchase transaction of a second matching product at asecond merchant's forum; appending to the purchase transaction record astatus indicating one of an abandonment and a lost sale of the productplaced in the first online shopping cat associated with the first onlinemerchant; and sending the purchase transaction record to the receivingentity.
 6. The method of claim 5, wherein the second merchant's forum isone of an online store and a brick-and-mortar store.
 7. A system fordetermining correlative analytics for electronic transaction events, thesystem comprising: a data storage device storing instructions fordetermining correlative analytics for electronic transaction events; anda processor of a computing system configured to execute the instructionsto perform a method including the steps of: receiving, by a processor ofa computing system, a first indication of a product placed in a firstonline shopping cart of a first online merchant, the product placed inthe first online shopping cart via a user device of a purchaser, and thecomputing system being connected to the first online shopping cart andthe user device via an electronic network; determining a trackingelement of one of the user device and of the purchaser; receiving asecond indication of a first matching product placed in a second onlineshopping cart of the first online merchant, the first matching productplaced in the second online shopping cart via the user device of thepurchaser; determining a transaction metric based on whether a timebetween receiving the first indication and the second indication exceedsa predetermined time window; appending the determined transaction metricand the tracking element to a purchase transaction record; and sendingthe purchase transaction record to a receiving entity.
 8. The system ofclaim 7, wherein the tracking element associated with one of the userdevice and the purchaser is one of a primary account number (PAN),device identification (ID), and an email address.
 9. The system of claim7, further comprising: appending to the purchase transaction record astatus indicating one of an abandonment and a delayed conversion of theproduct placed in the first online shopping cart based on the determinedtransaction metric; and sending the purchase transaction record to areceiving entity.
 10. The system of claim 7, wherein the first matchingproduct placed in the second online shopping cart correlates to theproduct placed in the first online shopping cart by a matchingcharacteristic, the matching characteristic being one of a model number,manufacturer part number, stock keeping unit (SKU), and internationalstandard book number (ISBN).
 11. The system of claim 9, furthercomprising: receiving a third indication that the purchaser completed apurchase transaction of a second matching product at a second merchant'sforum; appending to the purchase transaction record a status indicatingone of an abandonment and a lost sale of the product placed in the firstonline shopping cart associated with the first online merchant; andsending the purchase transaction record to the receiving entity.
 12. Thesystem of claim 11, wherein the second merchant's forum is one of anonline store and a brick-and-mortar store.
 13. A non-transitory computerreadable medium for use on at least one computer system containingcomputer-executable programming instructions for determining correlativeanalytics for electronic transaction events, the method comprising:receiving, by a processor of a computing system, a first indication of aproduct placed in a first online shopping cart of a first onlinemerchant, the product placed in the first online shopping cart via auser device of a purchaser, and the computing system being connected tothe first online shopping cart and the user device via an electronicnetwork; determining a tracking element of one of the user device and ofthe purchaser; receiving a second indication of a first matching productplaced in a second online shopping cart of the first online merchant,the first matching product placed in the second online shopping cart viathe user device of the purchaser; determining a transaction metric basedon whether a time between receiving the first indication and the secondindication exceeds a predetermined time window; appending the determinedtransaction metric and the tracking element to a purchase transactionrecord; and sending the purchase transaction record to a receivingentity.
 14. The non-transitory computer readable medium of claim 13,wherein the tracking element associated with one of the user device andthe purchaser is one of a primary account number (PAN), deviceidentification (ID), and an email address.
 15. The non-transitorycomputer readable medium of claim 13, further comprising: appending tothe purchase transaction record a status indicating one of anabandonment and a delayed conversion of the product placed in the firstonline shopping cart based on the determined transaction metric; andsending the purchase transaction record to a receiving entity.
 16. Thenon-transitory computer readable medium of claim 13, wherein the firstmatching product placed in the second online shopping cart correlates tothe product placed in the first online shopping cart by a matchingcharacteristic, the matching characteristic being one of a model number,manufacturer part number, stock keeping unit (SKU), and internationalstandard book number (ISBN).
 17. The non-transitory computer readablemedium of claim 15, further comprising: receiving a third indicationthat the purchaser completed a purchase transaction of a second matchingproduct at a second merchant's forum; appending to the purchasetransaction record a status indicating one of an abandonment and a lostsale of the product placed in the first online shopping cart associatedwith the first online merchant; and sending the purchase transactionrecord to the receiving entity.
 18. The non-transitory computer readablemedium of claim 17, wherein the second merchant's forum is one of anonline store and a brick-and-mortar store.